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Search Results 0 to 29 of about 30 (some duplicates have been removed)
PBS
Nov 17, 2009 7:00pm EST
>> paul: when it comes to bank of america's shotgun wedding to merrill lynch, congress is again debating who was pulling the trigger. some say it was bank of america; others blame regulators for pushing a deal at any cost. >> suzanne: with just a tiny increase in prices paid to factories, farmers, and other producers, the inflation picture remains tame, but could an uptick in prices be welcome news for the fed? we ask an economist. >> paul: general electric is getting ready to say so long to nbc-universal. a look tonight at why g.e. is making the move. >> suzanne: then, a big win for an american car maker. we'll tell you who took top honors in motortrend's car of year, and why that could push its sales even higher. >> paul: i'm paul kangas. >> suzanne: and i'm suzanne pratt. susie gharib is off tonight. this is "nightly business report" for tuesday, november 17. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> suzanne: good evening, everyone. in late
WETA
Nov 18, 2009 6:30pm EST
wrong". s the apology the right or wrong move? darren gersh takes a look. >> rorter: america loves an apology. all i can say is that i apologize. >> please let me apologize. >> i apologize tohe public. report you tube isilled with them. >> i'm really really sorry, i apologize unservedly. >> reporter: but loving apogy and accepting one are two different things, whh makes goldman sachs' c.e. lloyblankfein's apology-- made at a directohip magazine conference-- a controvsial move. >> we're a leadein our industry and we participat in things that are early wrong and we have reass to regret and apologize fo >>eporter: the fortune columnist, blogger and.b.s. exutive who writes under the name stanley bing says it rely makes sense for companies apologize. mostren't accepted and he says, in blankfein's case, iis not clear what he was apologizing fo >> what was clearly ong, can you identi what was wrong? if y can't, why not? whisn't he identifying what was wrong? reporter: public citizen's robert weissman helped oanize this rly outside goldman's shington offices on monday. he inot appeased by gol
WETA
Nov 20, 2009 12:30am EST
airles we ven't suffered like the really major airlines. and an airline le virgin america heren the states hasctually done remarkably ll, you know, in the downturn. virgin atlantic tt relies quite heavily on the business market, maybe sligly less so. >>re you seeing areas where, perhaps, business is better o improving tony deee? >> the last four mths has definitely been ite a dramatic pickup,hroughout all our airline and so the airlines are full. yields aretill low, but definitely a lot me people e back to flying again. >> global clime change and redung carbon emissions is e of your "passions". how doeshe airline industry reducetsarbon foprint. >>ell, the virgin group has done is we said that we'll take 100 percen of all the prots we make from our airline businesses a we'll invest themn trying to come up with alternave clean fuels. now that wld be obviouy the bestay of dealing with the problem. in the meantime, we've been urging the airaft nufacturers to try to pruce lighter blends. you know, one of the prlems is that the 7 -- 787 that boeing had pduced that is lighter ha been horri
PBS
Nov 9, 2009 7:00pm EST
reasons bank of america, merrill lynch doesn't expect them to move until 2011. >> let me go back to something you said about earnings are coming in better than people are expecting. are companies really doing better or are they -- is it just a matter of them having cut costs and that's why we're seeing some growth? >> susie, we get questions about the revenue growth type situation all the time. and really if you think about it, at this point of the cycle when are you coming out of the bottom, you know companies, the way that earnings improve are always because of cost-cutting. revenue growth is later. and i think it's going to be no different in this particular recovery. probably with we have sequentially earnings are getting better. sequentially earnings are going up but on a year-over-year basis we're going have to wait a little while. but cost-cutting is always how earnings improve off the bottom. >> should we be concerned that the dollar is hitting these lows and stocks are going up? is that a good or bad thing for companies and for the markets. >> well, the dollar is often seen
WETA
Nov 9, 2009 6:30pm EST
reaso bank of america, merrill lyncdoesn't expect them to move unt 2011. let me go back to something you id about earnin are coming in better than people are excting. are compani really doi better or are they is it just a matter of them having cut costs and that'shy we're seeing se growth? susi, we get questions abouthe revenue growth type situation a the time. and really if u think about it, at this point of the cycle when are you coming outf the btom, you know cpanies, the way that earnings improve are alys because of cost-cutting. venue growth is later. and i think it's going to be no different in is rticular recovery probably with we have seentially earnings are tting better. sequentially earnings are goingp but o a year-over-year bis we're going have to it a littl while. but cost-cutting is always w earnings improve of the bottom. >> should webe concerned that the dollar is hitng these lows and stocks are going up? is that aood or bad thing for companies d for the markets. >> well, the dollar is often en as some sort of view o the heth of the u. economy. in some ways it might be
PBS
Nov 6, 2009 7:00pm EST
improvement in the u.s. economy. erika miller reports. >> reporter: one out of every ten workers in america is not working. and not by choice. today's data show almost 16 million of people are looking for jobs a harsh reminder of the pain caused by the great recession. economist bruce kasman warns things are likely to get worse. >> i think it's a reasonable chance that by the time the labor market reaches its worst point, we are actually going to have the worst labor market that we've had in the united states since the great depression. and that's a pretty sobering reality. >> reporter: speaking of sobering, by one measure, the jobless rate is actually closer to 17.5%. that's the figure, if you include part-timers who would rather be full-time and people so discouraged looking for work, they've given up. however, today's report did have some glimmers hope. though the economy lost 190,000 jobs last month, that's still well below january's peak. economist milton ezrati says the creation of 34,000 temporary position in october is also a positive sign. >> what happens is-- at a turn in the econ
WETA
Nov 7, 2009 12:30am EST
the u.s. economy. erika miller reports. >> reporter:ne out of every n workers in america is not working. and not by choic today's data show almost6 million of peoe are looking for jobs a harsh rinder of the painaused by the great recession. economist bre kasman warns thgs are likely to get worse. >> i think it's a asonable chance that byhe time the labor market reaches its wor point, we are actuly going to have t worst labor market that we've had in the united ates since the eat depression. and that's aretty sobering reity. >> reporter:peaking of sobering, by oneeasure, the jobless rate is actual closer to 17.5% that'she figure, if yo include rt-timers who would rather be full-time and ople so discoured looking for work, they've given up. however, today's rort did have somelimmers hope. though the ecomy lost 190,000 jobsast month, that's still well bel january's peak. economt milton ezrati says the creation of 34,000 temporary potion in october is also a positive sign. >> what happens is--t a turn in the enomy-- and there's good evidence that we are seng a turn towargrowth. busi
WETA
Nov 16, 2009 6:30pm EST
quartethrough cost-cutting and improved sales in asiand latin america. still,he c.e.o. was disappointed by the quarterl loss. >> is certainly better than our plan going into baruptcy. but none the less 's a loss anyou can not be satisfied with it. >> reporter: the outlook nex year for g.m. is bit murky. u.s. auto sales could have trouble gaining trtion if unemployment keeps ring and conser confidence keeps falling. lindland is enuraged by the prress g.m. is making and is optistic the company will break even next year or ssibly turn a prot. >> oe they sort of bit the bullet and went through bankruptcy the american publ as actually responded prty well. their sales d not decline as ch as we expected. so, i think en we look at their prospects gin the worse th've been through and now they're coming out of . >> reporter: g.mthinks an initiapublic stock offering could come by the middle onext yearprovided the capital markets improve and auto ses shift out of ntral. diane eastabok, "nightly busiss report" chicago. >> susie: meanwhile, g.a.c., the company th finances puhases of gm a
PBS
Nov 12, 2009 7:00pm EST
. >> paul: that's why the pres ent's planning a jobs summit, searching for ways to get america back to work. will it work? some answers tonight from a political economist. >> susie: intel and advanced micro devices kiss and make up, ending a years-long dispute over computer chip sales. but will their deal take government anti-trust heat off of intel? >> paul: gold pushed to a new record overnight, north of $1,100 an ounce. so, how best to invest in the shining star of the commodities market? we get some answers. >> susie: then, from the printed page to the electronic one, the plot thickens in the publishing industry. and with the industry's business model up for grabs, there's a lot at stake. >> paul: i'm paul kangas. >> susie: and i'm susie gharib. this is "nightly business report" for thursday, november 12. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> susie: good evening, everyone. creating jobs for americans is now job number one for president obama.
WETA
Nov 6, 2009 12:30am EST
rest ofhe world, i think china, india or in pi up steam and doing a ve good job. latin america,aries by country. ba il doing pretty well. mexico tieto the u.s., a little bit more chaenging. europe was perha the biggest surpse. i fe that eope would lag behind the u.s by two a maybe three quarters. we saw some od trends in northern europe, souther europe still kind of challenged. >> let me talk to you a little bit about competition. ibm an hewlett-packard us to bsysco partners but not any more. they try to catch this wave of tech spending, is that going to make things diffult for cisco, are we going toee a clash of the techitans? >> the exciting thing about at cisco is dog is if u look down to the consumer lev we're competing against very goo companies like apple. steve jobs actually brought our flip proct on stage the other day an said it is the first time he has ever done that and said here say very good company, but we're gointo beat them. that is a good compliment and a shot across the b. you begin to thinkbout where are going inhe dataenter. clearly we'll be taki on someery good c
WETA
Nov 3, 2009 12:30am EST
the fiscal policy program a the w america foundation. >> at the end a long day of woying about budget deficits, w-shaped ressions and fed exit strategies, i willdmit that, on oasion, i partake in that dirty lile pleasure of watching reality tv. i knowyou say that you don't watch it, t even so, trust me, your nghbors do. bringit closer to home, the "real housewives,"he show that tracks ricand hoping-to-be famousomen in various cities, is being filmed right heren washington, d. what should we expect? not botox partielike the orangeounty cast had; this is a ci more about brains than beauty, or aleast people keep their pltic surgeries private. nor ll it be about conspicuous consumption liken the new york city serie even if washington is the new wall street. we jusdon't have that kind of money, and non-stop spding sprees would play poorly as e economy continues to limp ong. the currency in washington iof course power, but the trul powerful wely don't want to do the show. members of coness, white house aff, supreme court justices and media elite already have cameratrailing them; the
PBS
Nov 13, 2009 7:00pm EST
. the pilots and the airline have been negotiating a new contract since 2005. that's when america west bought u.s. airways. since then, the merged company's pilots have been flying under separate union contracts and work rules. u.s. airways had no comment. euu >> susie: here's a look at what's happening next week. my guest market monitor this week is michael o'higgins, president of o o'higgins asset management in florida. welcome back. >> nice to be here. >> wall street continues in a rally mode that seems unstoppable. what is the main driving force behind this impressive bull? >> it's the fed's money printing machine. >> simple as that. >> trillions of dollars. they've got to find a home somewhere. >> and they are fining in the stock market. >> i mean businessmen aren't confident so they aren't going to invest in factories and creating new jobs so it goes into speculation. >> what could turn the tide and cause a sharp downturn? >> well, i think the market usually falls on its own weight, periodically, particularly if it gets ahead of itself. it probably a little ahead of itself. it ha
PBS
Nov 2, 2009 7:00pm EST
nation's capital. here's maya macguineas, director of the fiscal policy program at the new america foundation. >> at the end of a long day of worrying about budget deficits, w-shaped recessions and fed exit strategies, i will admit that, on occasion, i partake in that dirty little pleasure of watching reality tv. i know, you say that you don't watch it, but even so, trust me, your neighbors do. bringing it closer to home, the "real housewives," the show that tracks rich and hoping-to-be famous women in various cities, is being filmed right here in washington, d.c. what should we expect? not botox parties like the orange county cast had; this is a city more about brains than beauty, or at least people keep their plastic surgeries private. nor will it be about conspicuous consumption like in the new york city series, even if washington is the new wall street. we just don't have that kind of money, and non-stop spending sprees would play poorly as the economy continues to limp along. the currency in washington is of course power, but the truly powerful wisely don't want to do the show
WETA
Nov 26, 2009 6:30pm EST
shanghairjungprovince. do not make a mtake of thinking it's a mono lit any "more" than america . >> w important is it to kw an shane language and how you train to be specialist. >> you have have excellent business developme schools, which understanding lot about licensing, joint ventures, partnership, all of ose kind of different kind of arrangemen that can be made, whetr it be a manacturing, ving your product manuftured in china or an import relationship or trading intellectual property. you have to have your basic skills in business developmt. but inddition, of course, it hes to know the langua. but i am, yoknow, i am vy well aware of how difficult is for an adult to learn a second lguage. so i don't want to deter vwers to think, oh, my god, i can't spk canto needs, i dead. it wld help for you to acquire me skis, but do no deter you. the most important thinis to ve local contacts. this is not a eld you can learn om a textbook. ere are subtle social customs about how business deals are made thatou can onl get so muchrom reading. you st go a devel local relationship, relaonships are i
PBS
Nov 3, 2009 7:00pm EST
an upbeat bet on america's future. his berkshire hathaway is spending $34-billion to buy the remaining shares it doesn't already own. erika miller has more on why buffet is making such a bold move. >> reporter: there's nothing like owning your own train set. and while most people think in terms of the toy version billionaire investor warren buffet is buying the real deal. make no mistake, buffett's purchase of burlington northern santa fe is far from frivolous. it's a calculated bet on a recovery in the railroad industry something analyst kevin kirkeby says is not yet underway. >> what the rails are providing is confirmation that things are stabilizing. they are not saying that things have turned the corner and we're going to have gangbuster growth. >> reporter: buffet has been investing in railroad stocks for years. and freight loadings are one of his favorite economic indicators. though union pacific is bigger, analysts say burlington northern is the best in breed, something buffett looks for. >> he's buying the railroad that probably has the best reputation in terms of man
WETA
Nov 10, 2009 6:30pm EST
evidencnecessary to ensure convictions. >> susie: thers a big disconnect beten main street america and waz ring this financial cris. a t of people who lost money in the bea stearns caseere institutns and high net worth individual but yet the is this sense thatnce again a big financial fm, or individus who work a big financial firms got off. what would you sayo the american public? >> understandhat the american publiis going to be disturbed and surprised by this. but this is how our system of criminal justice h always been structured. it gives t balance of advantage the defendant. unlesshe prosetion can show that beyond a reasonae doubt a crime was committ, the ju is instructed to acquit, and i think this jury basically observed the instructions they we given by t court, that they had a reasonle doubt, they saw i right ay and therefore the balance of advantage ctated that t defendant be acquitted. >> susie jack, tha you so much for your me. very interesng analysis. >> thank you. >> paul: aer small opening losses on prof-taking from yesterday's sharp rally,all stet bounced back with a 33
PBS
Nov 5, 2009 7:00pm EST
very good job. latin america, varies by country. bazz il doing pretty well. mexico tied to the u.s., a little bit more challenging. europe was perhaps the biggest surprise. i felt that europe would lag behind the u.s. by two and maybe three quarters. we saw some good trends in northern europe, southern europe still kind of challenged. >> let me talk to you a little bit about competition. ibm and hewlett-packard used to be sysco partners but not any more. as they try to catch this wave of tech spending, is that going to make things difficult for cisco, are we going to see a clash of the tech titans? >> the exciting thing about what cisco is doing is if you look down to the consumer level we're competing against very good companies like apple. steve jobs actually brought our flip product on stage the other day and said it is the first time he has ever done that and said here say very good company, but we're going to beat them. that is a good compliment and a shot across the bow. you begin to think about where we are going in the data center. clearly we'll be taking on some very good
WETA
Nov 25, 2009 6:30pm EST
could america be falling backnto irresponsible spending habits? onomist dean maki says no. >> i thinke have to step back in terms of the saving rat a couple oyears ago when the stocmarket and housing markets wereeally booming, the saving rate was close to ze. now it has mov up to about 4.5% and thas a more realistic longer term level ofhe saving rate. >> rorter: make no mistake, over the long-term, ecomists wod like to see the savings rate rise substantiay-- perhaps evenouble. but they he the increase haens gradually. ov the course of many years. for now,he priority is spding because it accounts for about o-thirds of economic growth. browne is doing hepart. right now she's researchg laptops. i'm still watching my money being really minul. but it fun to actually spend a little bit of money right no because we haven spent for prettyuch the last two years. >> reporter: econosts hope that's not just her mindt but a change that's happeninacross the countr erika miller, "nigly business repo", bayonne new jersey. >> pl: that nice uptick in consumer spending put wa street in a posive mood. and
WETA
Nov 14, 2009 1:00am EST
have been negotiating aew contract sinc2005. that's when america westought u.s. airwa. since then, e merged company's pilots have been flying unde sepate union contracts and work rules. u.s. airways had no commt. euu >> susie: here a look at what'sappening next week. my guest mart monitor this we is michael oiggins, president of o o'higgins asset management in florida. welcome back. nice to be he. >> wl street continues i a rallmode thateems unstoppable. what is the main drivg force behin this impressiv bull? >> it's the fed'smoney printing machi. >>imple as that. >> triions of dollars. they've got toind a home somewhere. >> andhey are fining the stock market. >> i mean businessmen aren't confident they aren't going to invest in ftories d creating new jobso it goes into eculation. >> what could tu the tide and cause a sharp downturn? >> well, i think the market usually falls on its own weig, periodically particularly if gets ead of itself. it pbably a little ahead of itself. it has h a huge run since march. an typicly even if this is a cyclicabull market which it may or may not be
PBS
Nov 23, 2009 7:00pm EST
pantries for help. feeding america--which represents hundreds of food banks and pantries nationwide-- says demand is up more than 20% this year over last. chicago pantries get most of their food from the greater chicago food depository and it's feeling the pantries pain. >> it's harder today to get food than probably any point in our history. >> reporter: executive director kate maehr walks me through the massive food warehouse that distributes about 60 million pounds of canned goods, produce, and meat a year. the depository gets some things like orange juice from the government, but it mostly counts on food companies to give it mislabeled or excess food. maehr says the tough economy is forcing those firms to better control inventories and assembly line mistakes. so, that means fewer donations. how do you make that up? are you getting it through donations, other people donating? well increasingly we're having to make it up by purchasing food. so, in the case of this food bank we'll purchase about $6 million worth of food this year. ten years ago we weren't purchasing food at all. >> report
Search Results 0 to 29 of about 30 (some duplicates have been removed)